Remove 2026 Remove Construction Remove Contracts Remove Sellers
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FINDING THE KEY TO UNLOCK ‘STUCK’ HOMEOWNERSHIP RATE

Will Springer Realtor

They include shortages caused by restrictive zoning that limit the number and type of housing units built on a given parcel, a “not in my backyard” resistance to new construction in traditionally single-family-home neighborhoods, and layers of regulations, processes and fees that dissuade developers from building in certain areas.

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PARKING AND THE IMPACT ON CLIMATE CHANGE

Will Springer Realtor

Yun offers a silver lining: “I expect the pace of price appreciation to slow as demand cools and as supply improves somewhat due to more home construction.”. First, even though construction is starting to catch up, we have a huge 5.8 In other words, the sluggish pace of new construction might continue to keep home prices high.

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IS THE REAL ESTATE WINDOW CLOSING SHUT?

Will Springer Realtor

To be sure, the market is still leaning heavily in the sellers’ favor and listings are slimmer than a strand of spaghetti. Construction could start as soon as 2022 on an ambitious three-tower project known as Cloudvue. Estimated opening is 2026. acre lot where Northeast 8 th Street meets 110 th Avenue Northeast. There is now 0.7